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worty [1.4K]
3 years ago
15

Nobel laureate Milton Friedman and his followers belong to a school of thought known as monetarism. What do the monetarists argu

e the Fed should​ target?
A. The Fed should target NEITHER the interest rate nor the money supply.
B. The Fed should target BOTH the interest rate and the money supply.
C. The Fed should target the money​ supply, not the interest​ rate, and that it should adopt the monetary growth rule.
D. The Fed should target the interest​ rate, not the money​ supply, and that it should adopt the monetary growth rule.
Business
1 answer:
krek1111 [17]3 years ago
6 0

Answer:

C. The Fed should target the money​ supply, not the interest​ rate, and that it should adopt the monetary growth rule.

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The main occupation of Nepal is agriculture. The process of producing foods, vegetable, crops by cultivating land is known as agriculture. About 80% of people are involved in agriculture as their occupation. Agriculture is the base of the Nepalese people and also for Nepal.

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Match the following items.
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7. Multi-Step Four girls and two boys
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Joe sends for a MBA catalog from State University. According to the catalog, the MBA applications are evaluated on the basis of
irinina [24]

Answer:

The answer is: C) There is a valid contract

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According to Appellate Court ruling in Steinberg v. Chicago Medical School;

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7 0
3 years ago
The Accounts Receivable balance for Lake​, Inc. at December​ 31, 2017​, was $ 20 comma 000. During 2018​, Lake earned revenue of
elena-s [515]

Answer:

The required journals are:

Debit Bad debt expense                                          $10,070

Credit Allowance for doubtful accounts                 $10,070

<em>(To record bad debt for the year)</em>

Explanation:

To understand the effects of the transactions, we need to journalize as follows:

Debit Accounts receivable                                    $454,000

Credit Sales revenue                                             $454,000

<em>(To record sales transaction on account)</em>

Debit Cash                                                             $325,000

Credit Accounts receivable                                  $325,000

<em>(To record collections on account)</em>

Debit Allowance for doubtful accounts                   $5,600

Credit Accounts receivable                                     $5,600

<em>(To record write-off of accounts receivable)</em>

With the above journals, the balance in accounts receivable will be: $20,000 + $454,000 - $325,000 - $5,600 = $143,400. The 5% of $143,400 will be $7,170.

The effect of the write-off was to throw the unadjusted allowance for doubtful account into debit as $2,700 - $5,600 = $2,900. The required bad debt expense will $10,070 ($7,170 + $2,900).

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